Venezuela Gross Domestic Product: Purchasing Power Parity
Venezuela VE: GDP: PPP
VE: GDP: PPP data was reported at 542,221.479 Intl $ mn in 2014. This records a decrease from the previous number of 554,246.430 Intl $ mn for 2013. VE: GDP: PPP data is updated yearly, averaging 279,759.804 Intl $ mn from Dec 1990 to 2014, with 25 observations. The data reached an all-time high of 554,246.430 Intl $ mn in 2013 and a record low of 185,509.764 Intl $ mn in 1990. VE: GDP: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 542,221.48 2014 | yearly | 1990 - 2014 |
View Venezuela's Venezuela VE: GDP: PPP from 1990 to 2014 in the chart:
Venezuela VE: GDP: PPP:(GDP) Gross Domestic Productper Capita
VE: GDP: PPP: GDP per Capita data was reported at 17,639.886 Intl $ in 2014. This records a decrease from the previous number of 18,281.193 Intl $ for 2013. VE: GDP: PPP: GDP per Capita data is updated yearly, averaging 11,794.055 Intl $ from Dec 1990 to 2014, with 25 observations. The data reached an all-time high of 18,281.193 Intl $ in 2013 and a record low of 9,339.954 Intl $ in 1990. VE: GDP: PPP: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 17,639.89 2014 | yearly | 1990 - 2014 |
View Venezuela's Venezuela VE: GDP: PPP:(GDP) Gross Domestic Productper Capita from 1990 to 2014 in the chart:
Venezuela VE: GDP: PPP: Household Final Consumption Expenditure
VE: GDP: PPP: Household Final Consumption Expenditure data was reported at 298,406.943 Intl $ mn in 2014. This records a decrease from the previous number of 305,018.032 Intl $ mn for 2013. VE: GDP: PPP: Household Final Consumption Expenditure data is updated yearly, averaging 256,883.121 Intl $ mn from Dec 2008 to 2014, with 7 observations. The data reached an all-time high of 305,018.032 Intl $ mn in 2013 and a record low of 235,191.904 Intl $ mn in 2009. VE: GDP: PPP: Household Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 298,406.94 2014 | yearly | 2008 - 2014 |
View Venezuela's Venezuela VE: GDP: PPP: Household Final Consumption Expenditure from 2008 to 2014 in the chart:
Venezuela VE: GNI: PPP
VE: GNI: PPP data was reported at 536,122.708 Intl $ mn in 2014. This records a decrease from the previous number of 536,703.526 Intl $ mn for 2013. VE: GNI: PPP data is updated yearly, averaging 276,445.126 Intl $ mn from Dec 1990 to 2014, with 25 observations. The data reached an all-time high of 536,703.526 Intl $ mn in 2013 and a record low of 182,456.559 Intl $ mn in 1990. VE: GNI: PPP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 536,122.71 2014 | yearly | 1990 - 2014 |
View Venezuela's Venezuela VE: GNI: PPP from 1990 to 2014 in the chart:
Venezuela VE: GNI: PPP: GNI per Capita
VE: GNI: PPP: GNI per Capita data was reported at 17,440.000 Intl $ in 2014. This records a decrease from the previous number of 17,700.000 Intl $ for 2013. VE: GNI: PPP: GNI per Capita data is updated yearly, averaging 11,450.000 Intl $ from Dec 1990 to 2014, with 25 observations. The data reached an all-time high of 17,700.000 Intl $ in 2013 and a record low of 9,190.000 Intl $ in 1990. VE: GNI: PPP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 17,440.00 2014 | yearly | 1990 - 2014 |
View Venezuela's Venezuela VE: GNI: PPP: GNI per Capita from 1990 to 2014 in the chart:
Venezuela VE: PPP Conversion Factor: GDP
VE: PPP Conversion Factor: GDP data was reported at 5.590 VEF/Intl $ in 2014. This records an increase from the previous number of 4.052 VEF/Intl $ for 2013. VE: PPP Conversion Factor: GDP data is updated yearly, averaging 0.394 VEF/Intl $ from Dec 1990 to 2014, with 25 observations. The data reached an all-time high of 5.590 VEF/Intl $ in 2014 and a record low of 0.012 VEF/Intl $ in 1990. VE: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 5.59 2014 | yearly | 1990 - 2014 |
View Venezuela's Venezuela VE: PPP Conversion Factor: GDP from 1990 to 2014 in the chart:
Venezuela VE: PPP Conversion Factor: Private Consumption
VE: PPP Conversion Factor: Private Consumption data was reported at 59.374 VEF/Intl $ in 2016. This records an increase from the previous number of 16.938 VEF/Intl $ for 2015. VE: PPP Conversion Factor: Private Consumption data is updated yearly, averaging 3.458 VEF/Intl $ from Dec 2008 to 2016, with 9 observations. The data reached an all-time high of 59.374 VEF/Intl $ in 2016 and a record low of 1.483 VEF/Intl $ in 2008. VE: PPP Conversion Factor: Private Consumption data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure). For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 59.37 2016 | yearly | 2008 - 2016 |
View Venezuela's Venezuela VE: PPP Conversion Factor: Private Consumption from 2008 to 2016 in the chart:
Venezuela VE: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio
VE: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data was reported at 0.890 % in 2014. This records an increase from the previous number of 0.669 % for 2013. VE: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data is updated yearly, averaging 0.371 % from Dec 1990 to 2014, with 25 observations. The data reached an all-time high of 0.890 % in 2014 and a record low of 0.242 % in 1994. VE: PPP Conversion Factor: to Market Exchange Rate: Price Level Ratio data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amount of goods and services in the domestic market as a U.S. dollar would buy in the United States. The ratio of PPP conversion factor to market exchange rate is the result obtained by dividing the PPP conversion factor by the market exchange rate. The ratio, also referred to as the national price level, makes it possible to compare the cost of the bundle of goods that make up gross domestic product (GDP) across countries. It tells how many dollars are needed to buy a dollar's worth of goods in the country as compared to the United States. PPP conversion factors are based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; ;
| Last | Frequency | Range |
|---|---|---|
| 0.89 2014 | yearly | 1990 - 2014 |